Recently, some younger generations have started to question the value of a degree as the highly educated cohort of millennials still struggles financially, dealing with student debt and stagnant wages, not to mention multiple recessions. Still, a degree can get you far, if you make the right choice. And it pays to be a (very specific type of) nerd, according to no less an authority than the New York Federal Reserve.
When it comes to who gets paid the most five years post-grad, STEM majors sweep the field, with nearly all of the top median wages for early careers being earned by engineering majors, according to the New York Fed study. And it’s not just high pay right out the gate, as many of these majors also have higher midcareer earnings.
